Energy Update
VIENNA, July 23 (Reuters) - Iran has completed negotiations with some European companies wanting to invest in projects in the country following a nuclear deal reached between Iran and world powers this month, an Iranian deputy minister said on Thursday.
* For a graphic: http://graphics.thomsonreuters.com/15/irannuclear/index.html
SYDNEY, July 23 (Reuters) - An Australian state-owned electricity firm will defy Prime Minister Tony Abbott and seek funding for a new wind farm hub from the government's Clean Energy Finance Corp (CEFC), adding to uncertainty in the country's No. 2 clean energy sector.
NEW YORK July 23 (Reuters) - Bondholders of Puerto Rico's debt-laden public utility PREPA offered to refinance $8 billion in debt by splitting it into two classes of bonds, a move they say would save PREPA $2.5 billion in financing costs through 2025, according to an outline of the proposal made public by the bondholders on Thursday.
Greg Smart analyzes what's behind the increase in China's appetite for refined nickel.
(Thu, 23 Jul 2015) On July 13, the U.S. average diesel fuel retail price fell below the average regular gasoline retail price for the first time since the week of August 10, 2009. From August 2009 through June of this year, retail diesel fuel prices sold at an average premium of 34 cents per gallon (gal) over regular grade gasoline, with the difference reaching more than 90 cents/gal in January.
NEW YORK July 23 (Reuters) - Bondholders of Puerto Rico's debt-laden public utility PREPA offered to refinance their $8 billion in debt by splitting it into two classes of bonds, a move they say would save PREPA $2.5 billion in financing costs through 2025, according to an outline of the proposal made public by the bondholders on Thursday.
NEW YORK July 23 (Reuters) - Bondholders of Puerto Rico's debt-laden public utility PREPA offered to refinance their $8 billion in debt by splitting it into two classes of bonds, a move they say would save PREPA $2.5 billion in financing costs through 2025, according to an outline of the proposal made public by the bondholders on Thursday.
BRASILIA, July 22 (Reuters) - Brazil's largest party, the PMDB, will back the reduction of the government's fiscal savings target and ultimately approve austerity measures despite political tensions, an influential senator told Reuters on Wednesday.
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